GEN 7.5.1

(1) An Authorised Firm must, subject to (2) and (3), make the following appointments and ensure that they are held by one or more Authorised Individuals at all times:
(a) Senior Executive Officer;
(b) Finance Officer;
(c) Compliance Officer; and
(d) Money Laundering Reporting Officer.
(2) An Authorised Firm which is a Credit Rating Agency:
(a) need not make the appointment referred to in (1)(b) and (d); and
(b) must ensure that the appointments referred to in 1(a) and (c) are held by separate Authorised Individuals at all times.
(3) An Authorised Firm need not make the appointment referred to in (1)(b) if the only Financial Service it carries on is Managing a Venture Capital Fund.
Derived from Notice of Amendments to Legislation April 2011 [VER27/02-11]
[Amended] DFSA RM96/2012 (Made 24th July 2012). [VER30/07-12]
[Amended] DFSA RM278/2020 (Made 28th October 2020). [VER49/11-20]